
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, September 15, 1994                   TAG: 9409150095
SECTION: BUSINESS                    PAGE: B-7   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

QVC SALE SAID TO BE IN JEOPARDY

The Federal Trade Commission is considering blocking the sale of QVC Inc., the cable home shopping company, to Comcast Corp. and Tele-Communications Inc., according to a person close to the discussions.

The FTC is said to be worried about the concentration of power in the cable home shopping industry that Tele-Communications would hold after such a deal. Tele-Communications, the nation's largest cable operator, already owns 80 percent of Home Shopping Network Inc. and would own 43 percent of QVC after a merger.

The person privy to the discussions said the FTC seemed to be signaling that it had real reservations about the deal. If so, its requests for additional data could delay the deal for months and perhaps cause it to be abandoned.

In August, Comcast and Tele-Communications agreed to acquire QVC for $46 a share. QVC's chairman, Barry Diller, sought other offers but ultimately agreed to the bid.

-The New York Times

by CNB